Is Balmville, NY a good place to invest in rental property?

Balmville, NY has a median modeled monthly cash flow of $-1,615 and a median cap rate of 2.7%, on a median sold price of $465,000. Prices changed +3.0% year over year.

What is the average cap rate in Balmville, NY?

The median cap rate across recently sold homes in Balmville, NY is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Balmville, NY?

The median sold price in Balmville, NY is $465,000 (about $240 per square foot).

Investing in Balmville, NY Real Estate

A data-driven snapshot of the Balmville, NY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$465,000Median sold price

$240Median $/sqft

2.7%Median cap rate

$-1,615Modeled cash flow / mo

+3.0%Appreciation YoY

14.6Months of supply

50Active listings

41Sold (last 12 mo)

What the Balmville numbers say

In Balmville, NY, the median home sold for $465,000 (about $240 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,615 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 14.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New York markets to compare

See Balmville cash-flowing listings

CashFlowRE ranks every for-sale home in Balmville, NY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Balmville deals, or browse the national market data.